We solve the problem first. The vehicle follows.
A technology-enabled automotive financing and purchasing platform. Five years, more than 1,500 funded transactions, zero standing inventory.
Four problems bring a customer to OCAL: they cannot get approved where they shop, cannot find the right vehicle at a payment they can carry, live hours from the nearest lot, or have never had financing explained to them. OCAL redesigned the vehicle purchase around the customer's financial eligibility, needs and convenience. The customer is approved by a lender first, prime or non-prime; then we buy the one vehicle the approval supports from OPENLANE's marketplace and deliver it to their driveway. No lot, no standing inventory; a new market costs a licence, a bond and a small office, not a building.
Apply
Full credit application on the phone
Qualify
AI first contact within minutes, day or night
Approve
The lender that fits sets rate and amount
Match
Two or three cars from OPENLANE that fit the approval
Deliver
Digital signing, light recon, delivered to the driveway
Why investors lean in
- Proven commercial traction. More than 1,500 funded transactions and audited revenue of $6.48 million in fiscal 2025, up 19 percent, from two provinces with no growth capital.
- Operating leverage. A largely fixed cost base that does not grow with the count; as volume increases the Company has the potential to spread it across more vehicle sales. In fiscal 2025 revenue rose 18.8 percent and gross profit 32.7 percent while operating expenses fell 9.8 percent, and the operating loss halved.
- A market that wants it. 48% of buyers want to apply for credit online, 33% can (Cox, 2026); 77% of Canadian buyers finance or lease; OCAL's lender panel covers prime to non-prime.
Where it goes
| Market | Status | Planned |
|---|---|---|
| BC and Alberta | Licensed, five years | Home base |
| Manitoba | Dealer permit application under way; office inside the OPENLANE Winnipeg facility arranged | Next: targeted for December 2026, when the permit is granted |
| Ontario | Registration under way | Targeted for 2027, subject to registration and capital |
| The Maritimes | Planned | After Ontario |
| United States | Planned | From 2028 |
Targets, subject to licensing, lenders and capital.
The window
Founders hold about 54 percent, escrowed, and have not sold a share. Shares outstanding 36,667,803; about 48.3 million fully diluted. Operating metrics are published every month from 10 November 2026.
Talk to us. Mehdi Moghareh, CEO; Matthew Friesen, Executive Chairman. investors@ocal.ca, 1 (604) 687-7765, investors.ocal.ca. OCAL Financial Inc., Suite 500, 885 Dunsmuir Street, Vancouver, BC V6C 1N5.
A funded vehicle transaction is a retail vehicle sale arranged through OCAL's platform for which the customer's financing contract was funded by a lender and the vehicle was delivered to the customer. The cumulative count is drawn from the Company's transaction records and lender reporting since its first funded transaction in 2021 and is not a measure presented in its financial statements. Audited figures from the financial statements on SEDAR+. Market facts from Statistics Canada, TransUnion, J.D. Power, Cox Automotive, Angus Reid and Presidio-NCM. Planned markets and dates are forward-looking statements subject to the risks in the Filing Statement.